Attracting Angel Investors to Space Businesses

Joe Landon,
Managing Director, Space Angels Network

Abstract

The success of the space industry requires innovators and entrepreneurs to develop ideas into thriving companies, and many space entrepreneurs are unfamiliar with the process of raising seed --- capital for their new businesses. This presentation will introduce angel investing and provide an overview of venture finance and the amount of startup capital invested into startup companies by source. Common characteristics of angel investors and angel groups including investor expectations will be discussed. A case study of an actual angel investment in a space company will be used to illustrate the process of finding investors, presenting a business plan, and responding to investor due diligence. Common deal terms and suggestions for negotiating with investors will also be discussed. After the presentation, the audience will be more prepared to identify potential investors and to meet investor expectations for company presentations and business plans. The audience will also better understand how typical angel investments are structured and what deal terms to expect.

Presented at ISDC 2011 - Huntsville. Paper and presentation charts are not available.